Linamar Corporation Announces Election of Directors
GUELPH, ON, May 7, 2015 /CNW/ - Linamar Corporation (TSX:LNR) today announced that the nominees listed in the management proxy circular for the 2015 Annual Meeting of Shareholders were elected as directors of Linamar Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting on Thursday May 7, 2015 in Guelph are set out below.
Nominees |
Votes For |
% For |
Votes Withheld |
% Withheld |
FRANK HASENFRATZ |
50,492,373 |
94.31% |
3,046,290 |
5.69% |
LINDA HASENFRATZ |
50,163,634 |
93.70% |
3,375,029 |
6.30% |
MARK STODDART |
49,561,573 |
92.57% |
3,977,090 |
7.43% |
TERRY REIDEL |
45,732,221 |
85.42% |
7,806,442 |
14.58% |
WILLIAM HARRISON |
52,201,849 |
97.50% |
1,336,814 |
2.50% |
DENNIS GRIMM |
52,860,630 |
98.73% |
678,033 |
1.27% |
CORRECTION: The company would also like to make a correction to the dividend information released in their earnings press release on Wednesay, May 6, 2015. There was a typographical error in the dates. The Board of Directors yesterday declared an eligible dividend in respect to the quarter ended March 31, 2015 of CDN$0.10 per share on the common shares of the company, payable on or after June 2, 2015 to shareholders of record on May 2, 2015.
Linamar Corporation (TSX:LNR) is a diversified global manufacturing Company of highly engineered products powering vehicles, motion, work and lives. The Company is made up of 2 operating segments – the Powertrain/Driveline segment and the Industrial segment, which are further divided into 3 operating groups – Machining & Assembly, Forging, and Skyjack, all world leaders in the design, development and production of highly engineered products. The Company's Machining and Assembly and Forging operating groups focus on precision metallic components, modules and systems for engine, transmission and driveline systems designed for global vehicle and industrial markets. The Company's Skyjack operating group is noted for its innovative, high quality mobile industrial equipment, notably its class-leading aerial work platforms and telehandlers. With more than 19,500 employees in 48 manufacturing locations, 5 R&D centers and 15 sales offices in 14 countries in North and South America, Europe and Asia, Linamar generated sales of $4.2 billion in 2014. For more information about Linamar Corporation and its industry leading products and services, visit www.linamar.com.
SOURCE Linamar Corporation
Roger Fulton, General Counsel & Corporate Secretary, Linamar Corporation, Tel: 519.836.7550
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